List of banks and their subsidiaries

funkey_monkey

Where can I get a listing of who owns what bank and whether the are fully FSCS covered? i've got money inSainsburys but I don' tknow if there is a major bank doing the work in the background. Simialr for some other accoutns I have.


Thanks.

Welliesorter

See the link to 'Are your savings safe' guide on this very page! There's a table there. I've seen other articles on the subject elsewhere but they don't have as much detail.

Sainsburys Bank is a join venture with HBOS but it is separately registered so it would count as a separate bank if something went wrong.

JM_2

Hi,

You can refer to :

Bankers' Almanac Book

http://www.reedbusiness.co.uk/rb2_products/rb2_products_bankers_almanac.htm

Or refer to the Report and Accounts of the Bank concerned.

Who does the processing and admin may be difficult to know. These things are outsourced all over the place.

JM_2